Search: bogus purchases

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Section 1322 Section 153A2 Section 143(2)2 Addition to Income2

M/S.PRINCE ROLLER FLOUR MILLS P. LTD,PALAKKAD vs. THE ACIT, KOCHI

In the result, appeals of the assessee are allowed and the appeals of the

ITA 36/COCH/2019[2009-10]Status: DisposedITAT Cochin20 Dec 2019AY 2009-10

Bench: S/Shri Chandra Poojari, Am&George George K., Jm

Section 132Section 143(2)Section 153A

80G) Rs. 2500/- Total Income Assessed Rs.1,56,13,013/- 6. On appeal, the CIT(A) observed that immediately after the search, all the employees, whose statements were recorded during the course of search decided to file affidavits retracting from statements given during the course of search. The CIT(A) observed that they have all stated that statements were taken

THE ACIT, KOCHI vs. M/S.PRINCE ROLLER FLOUR MILLS P. LTD, PALAKKAD

In the result, appeals of the assessee are allowed and the appeals of the